UOB provides a variety of household loan offers for HDB flat owners, furnishing a substitute for the HDB Concessionary Personal loan. Their choices incorporate the two set-rate and floating-level deals, that happen to be usually pegged towards the three-Month Compounded SORA. For example, a marketing bundle might present you with a amount of 3-Thirty day period Compounded SORA + 0.70% p.a. for the very first two decades, that has a minimal website personal loan measurement of S£250,000. For a set-level selection, prices is often as low as 2.28% for just a two-yr lock-in period of time. Eligibility to get a UOB financial loan is subject to Assembly the full Debt Servicing Ratio (TDSR) of 55% and various credit score necessities. UOB also provides a unique "Go Eco-friendly Household Loan" for Qualities that has a BCA Environmentally friendly Mark certification, delivering hard cash rebates. In addition, They can be recognized for a small valuation fee of just S$150 additionally GST and provide a bridging bank loan choice for homeowners transitioning involving Attributes.